Question

Julio has started his very own floral business. He sells centerpieces for $19.50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce. What is your break-even point? a. Julio must sell approximately 18 centerpieces to break even. b. Julio must sell approximately 23 centerpieces to break even. c. Julio must sell approximately 44 centerpieces to break even. d. Julio must sell approximately 55 centerpieces to break even.

Answer 1

500= (19.50-8.00)x

500 = 11.50x

x=500/11.50=43.48

 so he needs to sell approximately 44 centerpieces to break even

Answer 2

19.50x - 8x-500 = 0
Solve for x
19.50x - 8x=500
11.5x=500
X=500/11.5
X=43.48

The answer is
c. Julio must sell approximately 44 centerpieces to break even.